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Foundation for Seminole County Public Schools Inc

RegisteredEIN 59-2775956Sanford, FLEducation and training
Income$4.0m2024-06
Spending$4.0msame year
Spent / received95%5-year average
Size in its cause88th pctEducation and training
Exempt since1987Supporting organisation (typ
Employees11latest return

Analysis

Foundation for Seminole County Public Schools Inc is a registered charity in United States, based in Sanford, FL. It received its IRS tax-exemption ruling in December 1987, 39 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Foundation for Seminole County Public Schools Inc reported income of $4.0m and spending of $4.0m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $4.6m to $4.0m (-12%), an average of -3.2% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Seminole County Public Schools Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Florida High School for Accelerated Learning - West Palm Beach Campus ($4.0m), Oak Hills Fellowship Inc ($4.0m) and Olive Children Foundation ($4.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $630k. At year end it held assets of $6.2m against liabilities of $210k, net assets of $6.0m. It reported 11 employees.

Income and spending

$0$1.3m$2.7m$4.0m$5.3m2020 Income: $4,578,7532020 Spending: $4,199,36220202021 Income: $5,336,9452021 Spending: $4,296,96020212022 Income: $5,174,3912022 Spending: $4,965,85520222023 Income: $4,493,1422023 Spending: $4,854,29220232024 Income: $4,014,9752024 Spending: $4,001,3742024
IncomeSpending

Where the income comes from

  • Contributions & grants 92%
  • Other 7.5%

Similar-sized charities, same cause

CharityLocationIncome
Florida High School for Accelerated Learning - West Palm Beach CampusBoynton Beach$4.0m
Oak Hills Fellowship IncBemidji$4.0m
Olive Children FoundationFremont$4.0m
Union County College Foundation IncCranford$4.0m